This 1930s home sold in five days on account of its Kingsway location, which agent Luke Dalinda says offers school and restaurants that appeal to buyers.Rob Gracie/Supplied
12 Queen Marys Dr., Toronto
Asking price: $3.95-million (May, 2025)
Selling price: $3.8-million (May, 2025)
Previous selling price: Not available
Taxes: $13,025 (2024)
Days on the market: Five
Listing agent: Luke Dalinda, Royal LePage Real Estate Services Ltd.
The house has three fireplaces, including one in the primary upstairs bedroom. The bedroom also has a sitting areas, walk-in closet and a washroom.Rob Gracie/Supplied
The action
There were several barriers to selling this original, four-bedroom house on a 50- by 154-foot lot this spring. Those included high levels of inventory on the west side of the Humber River and a shrinking pool of buyers interested in renovation projects. Its price under $4-million pulled in only six people to view the property, yet three were interested in owning it.
“Usually in this market, you’ll see five to 10 listings at most, and right now that number, as of today, is closer to 24, so it’s a challenge,” said agent Luke Dalinda.
“There are buyers who aren’t prepared to do the work, but the buyers that were interested, they saw it as an opportunity to create their dream home.”
The final sale price was $3.8-million, largely on account of its locale between Kingsway Crescent and Prince Edward Drive.
“This sale demonstrates that even in tough markets, a prime location remains a steadfast guardian of value,” said Mr. Dalinda.
“Overall, people coming from other neighbourhoods love the Kingsway and all that the Kingsway offers, like the schools, restaurants and safety. It’s quite a nice neighbourhood.”
This two-storey home was expanded in the 1980s to 3,019 square feet, including a dedicated entertaining area with a fireplace.Rob Gracie/Supplied
What they got
In the 1930s, this two-storey house was designed with a centre-hall plan, complete with a formal dining room and traditional eat-in kitchen.
In the 1980s, it was expanded to offer a total of 3,019 square feet of living space, including a third entertaining area with a fireplace on the main floor.
There are also fireplaces in a recreation area downstairs and the primary bedroom upstairs. The latter also encompasses a sitting area, a walk-through closet and one of three bathrooms.
Priced just under $4-million, this home only saw six property viewings, but three people sent in offers.Rob Gracie/Supplied
The agent’s take
“The notable lot is a rare 154-feet deep and completely private,” said Mr. Dalinda. “The property also features a double, private drive with a built-in garage.”